Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Fortune

Phil Wahba

Why Nike doesn't seem able to fix Converse

Converse NIke Elliott Hill Matt Powell Chuck Taylor

Converse makes up just 2.5% of Nike’s sales. Last quarter, it accounted for 20% of the company’s sales decline.

Two years into Elliott Hill’s tenure as Nike’s CEO, the 118-year-old maker of the Chuck Taylor is a big drag on a comeback that isn’t coming together, with Converse sales down 28% in the most recent quarter and analysts openly wondering whether Nike will keep it in its portfolio.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

British MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanistan, Somalia and Iran, under his Restore Britain party's proposed policies. Speaking at the party's October 3 conference, Lowe said, “Immigration into Britain from the Third World will end entirely.”

The Economic Times

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

The Senate candidate denounced opponent Ken Paxton, calling out corruption allegations and support from Musk

The Guardian - US

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

"These people were targeted because of their skin colour or perceived religion, and for no other reason," Macron said after meeting officials and residents in Trappes. "There is no place for this in France." Macron also said the suspect's statements indicated that the attack had been planned in advance. Police…

The Times of India

Surging turnout, with Democrats voting more: key takeaways from early voting data

Surging turnout, with Democrats voting more: key takeaways from early voting data

With just 11 days until the US midterm elections, Democrats need a net gain of four seats to reclaim Congress

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Stewart suffered heavy damage in a Lap 17 pileup, but the 55-year-old NASCAR legend walked away from the wreck uninjured

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

A gunman fired from a vehicle at three locations in the Paris suburbs in what French authorities described as a racially motivated attack

The Independent UK

Related Stories

Top stories on inkl right now

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

British MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanistan, Somalia and Iran, under his Restore Britain party's proposed policies. Speaking at the party's October 3 conference, Lowe said, “Immigration into Britain from the Third World will end entirely.”

The Economic Times

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

The Senate candidate denounced opponent Ken Paxton, calling out corruption allegations and support from Musk

The Guardian - US

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

"These people were targeted because of their skin colour or perceived religion, and for no other reason," Macron said after meeting officials and residents in Trappes. "There is no place for this in France." Macron also said the suspect's statements indicated that the attack had been planned in advance. Police…

The Times of India

Surging turnout, with Democrats voting more: key takeaways from early voting data

Surging turnout, with Democrats voting more: key takeaways from early voting data

With just 11 days until the US midterm elections, Democrats need a net gain of four seats to reclaim Congress

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Stewart suffered heavy damage in a Lap 17 pileup, but the 55-year-old NASCAR legend walked away from the wreck uninjured

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

A gunman fired from a vehicle at three locations in the Paris suburbs in what French authorities described as a racially motivated attack

The Independent UK

Our Picks

79 Nostalgic Photos That Take ’80s Kids Straight Back To Their Childhoods

80s had everything: bright neon colors, ABBA, Queen, and Madonna on the radio, huge power suits, and poofy hair that is now only associated with hair metal bands. If you love this decade, take a trip down memory lane with these pics from r/80s, where people share nostalgic items and…

Billy Corgan defends decades-long friendship with Marilyn Manson

Billy Corgan haș defended his friendship with Marilyn Manson, insisting that just because he stood by the rocker amid sexual abuse allegations, it doesn’t mean that he doesn’t have “an opinion”.

Ancestors all around – millions of dead people linger in Americans’ memories

Halloween kicks off a series of religious and cultural festivals to honor the dead, including All Saints’ Day, All Souls’ Day and the Day of the Dead. But deceased loved ones don’t disappear from people’s social worlds once the ghost and skeleton decorations come down.

The Conversation

“Like We’re Peasants”: Jenna Ortega Enrages Her Fans After Revealing How She Feels About Interacting With Them

Jenna Ortega has angered some fans after opening up about the pressure of meeting them and explaining why she doesn't always feel comfortable stopping for photos.

Raw vs fresh: Is this brand's 'Michelin Dog Star' food worth the hype?

Billed as the nation’s top-rated dog food, here’s why your pet might be better off eating human-grade ingredients

Evening Standard

McDonald’s confirms return of beloved menu item — here’s what to know

Menu item will be available in certain states starting October 27

The Independent UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play